Dubai's port operator DP World shut down its Ain al-Sokhna port in Egypt for the second day on Monday because of labour strikes that have disrupted shipments, an official at the Red Sea port authority said.

Djibouti’s port, run by Dubai’s DP World, plans to spend $330 million on expanding its port, an exercise that is expected to be complete by 2014 and to increase the cargo throughput, its port authority said.